Broadridge
BR

$212.63

2.19%

Market Cap: 25.1B

About: Broadridge Financial Solutions, which was spun off from ADP in 2007, is a leading provider of investor communications and technology-driven solutions to banks, broker/dealers, asset managers, wealth managers, and corporate issuers. Broadridge is composed of two segments: investor communication solutions, or ICS, and global technology and operations, or GTO.

Employees: 14,700

Industrials Business Services

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 6 analysts

0

News positive %

of 6 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

18% more first-time investments, than exits

New positions opened: 92 | Existing positions closed: 78

12% more repeat investments, than reductions

Existing positions increased: 355 | Existing positions reduced: 318

2% more funds holding

Funds holding: 898 [Q4 2023] → 912 (+14) [Q1 2024]

0.64% less ownership

Funds ownership: 89.77% [Q4 2023] → 89.12% (-0.64%) [Q1 2024]

1% less capital invested

Capital invested by funds: $21.6B [Q4 2023] → $21.4B (-$210M) [Q1 2024]

27% less funds holding in top 10

Funds holding in top 10: 11 [Q4 2023] → 8 (-3) [Q1 2024]

55% less call options, than puts

Call options by funds: $13.5M | Put options by funds: $30.2M

See Fund Rankings

Research analyst outlook

6 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$185

13%

downside

Avg. target

$215

1%

upside

High target

$239

12%

upside

6 analyst ratings

4 positive

67%

2 neutral

33%

0 negative

0%

RBC Capital Daniel Perlin	12%upside $239	Outperform Reiterated	28 Jun 2024
DA Davidson Peter Heckmann	13%downside $185	Neutral Reiterated	11 Jun 2024
DA Davidson Peter Heckmann	13%downside $185	Neutral Maintained	10 Apr 2024
Evercore ISI Group David Togut	8%upside $230	Outperform Maintained	26 Mar 2024
RBC Capital Daniel Perlin	12%upside $239	Outperform Maintained	2 Feb 2024

See Analyst Rankings

Financial journalist opinion

Based on 6 articles about BR published over the past 30 days

Broadridge Schedules Webcast and Conference Call to Review Fourth Quarter and Fiscal Year 2024 Results on August 6, 2024

NEW YORK , July 24, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR) is scheduled to release its financial results for the fourth quarter and fiscal year 2024 on Tuesday, August 6, 2024. Broadridge will host a webcast and conference call to discuss those results at 8:00 a.m.

Broadridge Schedules Webcast and Conference Call to Review Fourth Quarter and Fiscal Year 2024 Results on August 6, 2024

AmInvestment Bank Enhances Securities Finance Services with Broadridge to Boost Client Value

SINGAPORE , July 18, 2024 /PRNewswire/ -- To transform and expand their prime brokerage business lines and as part of its broader efforts to add and enhance value for its clientele, AmInvestment Bank, a company in the Ambank Group and one of the largest banking groups in Malaysia, has deployed global Fintech leader Broadridge Financial Solutions, Inc.'s (NYSE: BR) Securities Finance and Collateral Management platform to enable their Securities Borrowing and Lending product offerings. This single platform allows AmInvestment Bank to simplify and innovate trading, manage collateral, and handle trade lifecycle events while integrating seamlessly with their existing systems.

AmInvestment Bank Enhances Securities Finance Services with Broadridge to Boost Client Value

If I Had To Retire Today, Here's How I'd Do It

Retirement strategies are not one-size-fits-all due to individual variables like nest egg size, lifestyle costs, and goals. Conventional retirement plans like real estate investing and the 4% rule have pros and cons, influencing personal retirement strategies. My retirement plan prioritizes passive income generation, dividend growth, and active portfolio management to avoid forced asset sales and ensure financial freedom.

If I Had To Retire Today, Here's How I'd Do It

Broadridge Named a Luminary in Reconciliation Systems by Celent

NEW YORK and LONDON and SINGAPORE , July 10, 2024 /PRNewswire/ -- Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), today announced it has been awarded the highest ranking of 'Luminary' for its BRx Match solution from Celent, a leading research and advisory firm, in its latest report on reconciliation systems. The report, Reconciliation Systems: Solutions For Capital Markets Firms, profiles eighteen reconciliation solution providers evaluated across functionality, customer bases, technology, implementation, pricing, and support.

Broadridge Named a Luminary in Reconciliation Systems by Celent

Zacks Investment Research

Broadridge (BR) Stock Up 21% in a Year: What Should You Know?

Broadridge (BR) gains from its strong business model and strategic growth in governance, capital markets, and wealth management.

Broadridge (BR) Stock Up 21% in a Year: What Should You Know?

Broadridge Expands Disclosure Capabilities to Help Clients with Complex SEC Filings

Acquires CompSci, a Web-based, collaborative platform for SEC disclosure preparation, XBRL tagging, and EDGAR filing; platform simplifies disclosure complexities with both managed and self-service capabilities NEW YORK , July 1, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR) today announced that it has acquired CompSci Resources, LLC, a provider of cloud-based financial technology software for the preparation and processing of SEC filings for public companies and funds. CompSci's technology platform Transform™ will be integrated with Broadridge's regulatory filings and disclosure capabilities to provide public companies and funds with a full-suite of collaborative, web-based solutions to simplify and enhance SEC regulatory disclosure preparation, XBRL tagging and EDGAR filing.

Broadridge Expands Disclosure Capabilities to Help Clients with Complex SEC Filings

NioCorp Announces Closing of Private Placement for Gross Proceeds of US$0.6 Million

CENTENNIAL, CO / ACCESSWIRE / June 24, 2024 / NioCorp Developments Ltd. (NASDAQ:NB) ("NioCorp" the "Company"), is pleased to announce that it has closed a non-brokered private placement (the "Private Placement") of 315,000 units of the Company at a price of USD$1.91 per unit, for aggregate gross proceeds to the Company of USD$0.6 million.

NioCorp Announces Closing of Private Placement for Gross Proceeds of US$0.6 Million

Transaction Network Services to Provide Order Routing and Market Data for Broadridge's Global Futures and Options Platform

Clients benefit from simplified market data management, reduced operational risk and implementation costs, and improved time to market for FCMs NEW YORK , June 17, 2024 /PRNewswire/ -- To simplify market data management and reduce operational risk for clients, Broadridge Financial Solutions Inc. (NYSE:BR), today announced the integration of its global Futures and Options (F&O) Software-as-a-Service (SaaS) Platform with Transaction Network Services (TNS), a global leader in providing mission-critical infrastructure for financial markets. TNS will enhance the functionality of Broadridge's F&O platform for the derivatives market by providing global exchange connectivity for order routing and market data access as the vendor of record.

Transaction Network Services to Provide Order Routing and Market Data for Broadridge's Global Futures and Options Platform

LTX, A Broadridge Company, Releases GenAI-Powered List Trading Functionality

NEW YORK , June 13, 2024 /PRNewswire/ -- Further building on its GenAI leadership in the fixed income market, LTX, an AI-powered corporate bond trading platform backed by global Fintech leader Broadridge Financial Solutions Inc. (NYSE:BR), today announced GenAI-powered List Trading functionality. The new feature allows users to leverage GPT technology to generate and execute multi-asset class, multi-directional trade lists seamlessly via RFQ+.

LTX, A Broadridge Company, Releases GenAI-Powered List Trading Functionality

Roz Smith Named Chief Operating Officer of Broadridge International

LONDON and NEW YORK , June 11, 2024 /PRNewswire/ -- Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE: BR), is pleased to announce the appointment of Roz Smith as Chief Operating Officer of Broadridge International, effective May 1, 2024. Smith, who is based in London, will work closely with Mike Sleightholme, President of Broadridge International, to further scale and grow Broadridge internationally and deliver an unparalleled customer service experience in the EMEA and Asia Pacific regions.

Roz Smith Named Chief Operating Officer of Broadridge International

See News Rankings